Litman Gregory Wealth Management LLC Has $12.92 Million Stock Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Litman Gregory Wealth Management LLC lessened its position in Motorola Solutions, Inc. (NYSE:MSI) by 3.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 41,272 shares of the communications equipment provider’s stock after selling 1,329 shares during the period. Motorola Solutions comprises approximately 1.2% of Litman Gregory Wealth Management LLC’s holdings, making the stock its 20th biggest holding. Litman Gregory Wealth Management LLC’s holdings in Motorola Solutions were worth $12,922,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC lifted its position in Motorola Solutions by 3.5% during the 1st quarter. Geode Capital Management LLC now owns 3,531,492 shares of the communications equipment provider’s stock worth $1,008,362,000 after buying an additional 119,907 shares in the last quarter. Alliancebernstein L.P. lifted its position in Motorola Solutions by 1.9% during the 2nd quarter. Alliancebernstein L.P. now owns 3,337,453 shares of the communications equipment provider’s stock worth $978,808,000 after buying an additional 60,733 shares in the last quarter. FMR LLC lifted its position in Motorola Solutions by 1.6% during the 3rd quarter. FMR LLC now owns 2,350,325 shares of the communications equipment provider’s stock worth $639,853,000 after buying an additional 37,718 shares in the last quarter. Raymond James & Associates raised its holdings in Motorola Solutions by 4.7% during the 4th quarter. Raymond James & Associates now owns 2,155,597 shares of the communications equipment provider’s stock worth $674,896,000 after purchasing an additional 96,421 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in Motorola Solutions by 0.4% during the 3rd quarter. Invesco Ltd. now owns 2,006,858 shares of the communications equipment provider’s stock worth $546,347,000 after purchasing an additional 8,514 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Motorola Solutions Trading Up 0.1 %

Shares of MSI stock traded up $0.19 on Friday, reaching $339.65. The company had a trading volume of 1,392,899 shares, compared to its average volume of 626,022. The company has a current ratio of 1.00, a quick ratio of 0.85 and a debt-to-equity ratio of 6.37. The stock has a market cap of $56.42 billion, a PE ratio of 34.20, a PEG ratio of 3.15 and a beta of 0.90. The company has a 50-day moving average of $339.17 and a 200-day moving average of $319.50. Motorola Solutions, Inc. has a 12 month low of $269.64 and a 12 month high of $355.39.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, beating analysts’ consensus estimates of $3.63 by $0.27. Motorola Solutions had a return on equity of 441.65% and a net margin of 17.12%. The company had revenue of $2.85 billion during the quarter, compared to analysts’ expectations of $2.82 billion. During the same period in the prior year, the business posted $3.38 EPS. Motorola Solutions’s revenue was up 5.2% on a year-over-year basis. On average, equities analysts forecast that Motorola Solutions, Inc. will post 11.74 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 15th were given a $0.98 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.15%. Motorola Solutions’s dividend payout ratio is presently 39.48%.

Insider Activity at Motorola Solutions

In related news, SVP Cynthia Yazdi sold 4,744 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $334.30, for a total value of $1,585,919.20. Following the completion of the transaction, the senior vice president now directly owns 8,858 shares in the company, valued at approximately $2,961,229.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is owned by insiders.

Wall Street Analyst Weigh In

MSI has been the subject of several recent research reports. Evercore ISI initiated coverage on Motorola Solutions in a report on Monday, March 25th. They set an “outperform” rating and a $400.00 price objective for the company. Deutsche Bank Aktiengesellschaft initiated coverage on Motorola Solutions in a report on Friday, January 19th. They set a “buy” rating and a $350.00 price objective for the company. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, February 12th. JPMorgan Chase & Co. boosted their price objective on Motorola Solutions from $360.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. Finally, Barclays boosted their price objective on Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a report on Tuesday, January 2nd. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $348.38.

About Motorola Solutions

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.